Monday, February 13, 2012

Indices closed UP .57% to .95%....NICE !!!!!

Indices closed UP in celebration of Greece approval of belt tightening.

S&P 500 closed @ 1351.77

Internals were :

UP volume led by 3.34 to 1 in NYSE & 2.56 to 1 in Nasdaq

Advancing stocks led by 3.40 to 1 in NYSE & 2.87 to 1 in Nasdaq

New 52 wk highs were in the lead, 155 in NYSE & 89 in Nasdaq

VIX tumbled 8.42% @ 19.04

AH ER :

LLNW UP 3.75%

RAX UP 6.76%

Stocks which were UP 1% or more included CNQ,AMZN,
AAPL,WPRT,PCLN,CRM,OTEX,APKT,GOOG,MOS,
LEN,VMW,BIDU,TSL,CRUS.......

AH Futures Down

AH Asian markets Down

AH Gold & Oil Down

About market, just about all the CNBC pundits are negative on  market, except for Jimmy the Cramer & Roubini who see no problem with the TAPE.

BLOG does NOT give buy or sell.

Saleem
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14 comments:

  1. cFebruary 14, 2012 at 6:36 AM

    Saleemm

    Good day sir--Have a good en!

    My Doctor said I have mild beginnings of cataracts

    Market is red today

    Any suggestions?/

    thanks

    ReplyDelete
  2. Stocks100February 14, 2012 at 6:56 AM

    Hi C,

    Cataract is a minor eye ailment which is corrected when its ripe.

    Big guns are moving UP...

    WYNN is ready to move UP UP UP...

    Saleem

    ReplyDelete
  3. cFebruary 14, 2012 at 7:12 AM

    Saleem

    Thanks for medical feedback

    I got some DRYS $3.58

    Copper is dying on me--yeks
    I was going after APPLE but it popped already... whoops now back down'
    I need some under $500
    I amy sell l my copper play (SCCO) as it is down 8% , thoughts please.....
    thanks
    I looked at the chart for WYNN i did not see a catalyst RSI 43

    C

    ReplyDelete
  4. Stocks100February 14, 2012 at 7:33 AM

    Hi C,

    IF market is going down then commodity is not the best place to be.....

    WYNN is UP nicely......

    Saleem

    ReplyDelete
  5. stocktrader_1996February 14, 2012 at 7:38 AM

    Hey Saleem,

    I sold my GGC as it neared the current takeover offer price. I am looking to add CLF, FCX, or SWC for a commodity rocket. Any particular favorite?

    Stocktrader

    ReplyDelete
  6. cFebruary 14, 2012 at 7:41 AM

    S

    DSX up 3.78%
    DRYS up 7.78%

    the funds are buying them so says J Cramer

    tankers are strong here

    I would not buy the oil tankers yet! If IRAN goes to war that may change the situation??

    Is there any news on CNQ??
    thanks

    ReplyDelete
  7. Stocks100February 14, 2012 at 7:42 AM

    Hi Stocktrader,

    CLF is near its low end of trading range, should turn UP.

    Good luck with your decision.

    Saleem

    ReplyDelete
  8. Stocks100February 14, 2012 at 7:44 AM

    Hi C,

    CNQ is guiding down its output by 11% due to its mechanical breakdown in Horizon facility.

    Saleem

    ReplyDelete
  9. stocktrader_1996February 14, 2012 at 7:50 AM

    Hey Saleem,

    CLF is so cheap it was hard to pass up, but I went with SWC. I like the PGM/copper metals thesis more than the iron ore/met coal story. Also, it was down more today--that was an additional factor. Thank you for the recommendation--I hope I don't miss the BHP buyout of CLF now!!! :)

    Stocktrader

    ReplyDelete
  10. Stocks100February 14, 2012 at 8:08 AM

    Hi Stocktrader,

    Good luck with SWC..i do not monitor this stock, thus unaware of relative pricing.

    Saleem

    ReplyDelete
  11. cFebruary 14, 2012 at 9:53 AM

    S

    Sold my MWE it dropped 1.5% so I took my profits

    Cash is good

    C

    ReplyDelete
  12. Stocks100February 14, 2012 at 10:00 AM

    Hi C,

    Good to have profit & book it.

    Saleem

    ReplyDelete
  13. cFebruary 14, 2012 at 10:25 AM

    S

    DRYS is still climbing up

    Hmmmm

    ReplyDelete
  14. Stocks100February 14, 2012 at 10:35 AM

    Hi C,

    Your DRYS is UP 6.7% for you..nice $$$$$

    Saleem

    ReplyDelete